Unimaginable Drop in Wholesale Electric Grid Prices

They predicted this. All the fracting would drastically collapse the  price of natural gas. The drillers would adapt...they would invent unimaginable efficiencies drastically reducing production cost. Its a series of game changers. The newest invention is a supersize well and its piping. It suppose to drop wellhead prices 70% from todays price.  

I could make the case all the big electric boys are colluding together. They are dropping off line their dog plants in an attempt to prop up the electricity prices.  

 Monthly wholesale electricity prices and demand in New England, October 2016

Friday, November 18, 2016 at 12:28PM

October’s average price of electricity fell on continuing low natural gas prices and low demand

Lower demand, driven by milder weather, and lower natural gas prices pulled October’s average monthly power price down 30%, to $22.72 per megawatt-hour (MWh)*, compared to the October 2015 average price of $32.62/MWh. The wholesale power price during October was the sixth-lowest since the wholesale electricity markets in their current form were launched in 2003 in New England, and the natural gas price was the eighth-lowest during that time period. Total energy consumption in New England in October was the lowest of any October since 2000, and the fourth-lowest monthly consumption...